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<p>[QUOTE="Barney McRae, post: 26150195, member: 150594"]As a buyer or seller? As a seller, there is a psychology thing to starting at $1.00. It's called FOMO on the buyer's side and I've seen it work well for sellers, but it takes guts if it's truly valuable and at least a week for the auction to circulate on the most eyes. </p><p><br /></p><p>As a buyer? Nope. I put it on a watch list, make a note to show up in the final 10 minutes, and with 5 seconds left enter my max bid. Of course this is eBay only, I don't know how other online auctions work.[/QUOTE]</p><p><br /></p>
[QUOTE="Barney McRae, post: 26150195, member: 150594"]As a buyer or seller? As a seller, there is a psychology thing to starting at $1.00. It's called FOMO on the buyer's side and I've seen it work well for sellers, but it takes guts if it's truly valuable and at least a week for the auction to circulate on the most eyes. As a buyer? Nope. I put it on a watch list, make a note to show up in the final 10 minutes, and with 5 seconds left enter my max bid. Of course this is eBay only, I don't know how other online auctions work.[/QUOTE]
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